Apr 27, 201208:23 AMBlog

Heritage Financial posts profit increase

Apr 27, 2012 - 08:23 AM

Heritage Financial Corp. reported net income for the quarter ended March 31of $4.2 million, compared to net income of $764,000 for the quarter ended March 31, 2011 and $2.2 million for the linked-quarter ended December 31, 2011. 

The net income for the quarter ended March 31, 2012 was 27 cents per diluted share, compared to 5 cents per diluted share for the quarter ended March 31, 2011, and 14 cents per diluted share for the linked-quarter ended December 31, 2011. 

Olympia-based Heritage Financial operates two community banks, Heritage Bank and Central Valley Bank.

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